K-Pop Group Red Velvet Contract Renewal Update: Irene Takes a Major Step

Amid Red Velvet‘s disbandment rumors, group leader Irene recently took a significant step in supporting SM Entertainment. Previously, in 2021, all Red Velvet members, including Wendy, Joy, Seulgi, Yeri, and Irene, renewed their contract with SM Entertainment. However, the turmoil in the management of the music label, which peaked in 2023, made many speculate that the existing successful groups under the label might part ways.